the Umeme Managing Director, Selestino Babungi, says that they are distressed with over a quarter-million applicants whom they can’t connect because the Government has not honoured its obligation of providing the vital fund. Power distribution, Umeme LTD is stuck with over 250,000 applicants seeking free connection to the national electricity grid across the country. In […]
Iganga, 24 September 2021 – With support from the African Development Bank and other partners, the Ugandan government has launched the last-mile connectivity component under the Uganda Rural Electricity Access Project in Iganga in the eastern Luuka District. During the 14 September 2021 event, the Ministry of Energy and Mineral Development handed over electricity connection […]
Kampala, Uganda — Big industrial electricity consumers could soon buy electricity directly from generators or the transmission company to lower the electricity tariffs, according to the Minister for Energy and Mineral Development, Ruth Nankabirwa. Nankabirwa, who spoke during the launch of Electricity Regulatory Authority House in Kampala on Sep.30 said the energy ministry is currently […]
Capital Markets Authority (CMA) has said MTN’s listing is expected double the size of the Uganda Securities Exchange (USE). The USE, according to daily trading reports, currently has a domestic market capitalisation of about Shs4.3 trillion. Therefore, MTN’s listing, Mr Keith Kalyegira, the CMA chief executive officer, said will offer USE a marked improvement, which […]
MTN Group Ltd. is seeking a valuation of about $1.4 billion for its unit in Uganda, according to people with knowledge of the matter, in what will be the nation’s biggest initial public offering. Africa’s largest wireless carrier plans to sell 20% of the unit raising about $280 million, one of the people said, asking […]
Credit: REUTERS/THOMAS MUKOYA By Elias Biryabarema KAMPALA, Oct 5 (Reuters) – Telecommunications firm MTN Uganda said on Tuesday it would list a fifth of its equity capital on the country’s bourse, while a senior executive at parent MTN said it planned to invest 1 trillion shillings ($281.37 million) to improve coverage in the East African […]
UMEME will facilitate the connections of 87,500 rural households to affordable electricity Uganda’s electricity access rate stands at 57%, comprising 19% and 38% on-grid and off-grid connections AfDB has funded similar projects elsewhere on the continent, including neighbouring Kenya The Ugandan government has launched the last-mile connectivity component under the Uganda Rural Electricity Access Project […]
Umeme Chief Operations Officer Florence Nsubuga and Chief Corporate and Regulatory Officer Blessing Nshaho receive materials from the Minister of Energy and Mineral Development Ruth Nankabirwa in Luuka Kampala | RedPepper Digital – African Development Bank (AfDB) would probably bring back the long-standing lost confidence in Uganda’s electricity body; Umeme, which has faced a lot […]
UMEME will facilitate the connections of 87,500 rural households to affordable electricity Uganda’s electricity access rate stands at 57%, comprising 19% and 38% on-grid and off-grid connections AfDB has funded similar projects elsewhere on the continent, including neighbouring Kenya The Ugandan government has launched the last-mile connectivity component under the Uganda Rural Electricity Access Project […]
Kampala, Uganda — Big industrial electricity consumers could soon buy electricity directly from generators or the transmission company to lower the electricity tariffs, according to the Minister for Energy and Mineral Development, Ruth Nankabirwa. Nankabirwa, who spoke during the launch of Electricity Regulatory Authority House in Kampala on Sep.30 said the energy ministry is currently […]
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